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  1. Job-to-job transitions and the wages of Australian workers
    Autor*in: Deutscher, Nathan
    Erschienen: November 2019
    Verlag:  The Treasury, Canberra

    Leading models of on-the-job search suggest that competition among firms for employed workers - reflected in higher job-to-job transition rates - is an important driver of real wages. Intuitively, workers are better placed to move or bargain for... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 679
    Fernleihe:
    keine Fernleihe

     

    Leading models of on-the-job search suggest that competition among firms for employed workers - reflected in higher job-to-job transition rates - is an important driver of real wages. Intuitively, workers are better placed to move or bargain for increases in wages, hours or promotions when they have more outside options, namely other employers who want to hire them. I test the predictions from this model in the Australian data. Higher job-to-job transition rates in Australian local labour markets are associated with higher wages growth, including for those who stay in their jobs. A 1 percentage point increase in the rate at which workers switch jobs is associated with a ½ percentage point increase in growth in average wages. This association holds after controlling for a range of cyclical influences, including the rate at which the unemployed find work, suggesting the relationship between job-to-job transition rates and wages growth runs deeper than both simply being higher in cyclically stronger labour markets. Further work on what drives variation in job-to-job transitions rates could help in better understanding the underlying drivers of this relationship.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9781925832068
    Weitere Identifier:
    hdl: 10419/210408
    Schriftenreihe: Treasury working paper / Australian Government, The Treasury ; 2019, 07
    Umfang: 1 Online-Ressource (circa 26 Seiten), Illustrationen
  2. Wage growth in Australia
    lessons from longitudinal microdata
    Autor*in: Andrews, Dan; Deutscher, Nathan; Hambur, Jonathan; Hansell, David
    Erschienen: July 2019
    Verlag:  The Treasury, Canberra

    This paper uses novel microdata sources spanning 2001-02 to 2015-16 to explore the structural drivers of wage growth in Australia, with a view to better understanding recent weak wage growth - a phenomenon observed across a range of advanced... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    DS 679
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    keine Fernleihe

     

    This paper uses novel microdata sources spanning 2001-02 to 2015-16 to explore the structural drivers of wage growth in Australia, with a view to better understanding recent weak wage growth - a phenomenon observed across a range of advanced economies. Controlling for a range of cyclical and other factors, we show that part of firms' idiosyncratic productivity growth tends to be passed-through to workers in the form of higher wage growth, consistent with the idea that firms share rents with their workers. The size of this pass-through is around the midpoint of leading international estimates, and appears to decline modestly after 2012-13, when aggregate wage growth begins to slow. We then discuss a range of possible mechanisms for this modest decline, including the transition from the mining boom, globalisation, changing shock processes, declining labour market fluidity and uneven technology diffusion. Given that our dataset does not cover the past few years, however, it is not clear whether lower pass-through of productivity to wages has persisted. In this respect, our results represent a tentative first step in examining the microeconomic drivers of a macroeconomic phenomenon with particular reference to wages. We provide a proof-of-principle demonstration of the value of longitudinal microdata and empirical techniques to such investigations, and suggest further analysis into the factors behind declining labour market fluidity would be a fruitful exercise.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/210405
    Schriftenreihe: [Treasury working paper] / Australian Government, The Treasury ; 2019, 04
    Schlagworte: Lohnniveau; Produktivität; Arbeitsmobilität; Australien
    Umfang: 1 Online-Ressource (circa 31 Seiten), Illustrationen
  3. Measuring intergenerational income mobility
    a synthesis of approaches
    Autor*in: Deutscher, Nathan; Mazumder, Bhashkar
    Erschienen: [2021]
    Verlag:  Federal Reserve Bank of Chicago, [Chicago, Illinois]

    The literature on intergenerational income mobility uses a diverse set of measures and there is limited knowledge about whether these measures provide similar information and yield similar conclusions. We provide a framework to highlight the key... mehr

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    DS 244
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    keine Fernleihe

     

    The literature on intergenerational income mobility uses a diverse set of measures and there is limited knowledge about whether these measures provide similar information and yield similar conclusions. We provide a framework to highlight the key concepts and properties of the different estimators. We then show how these measures relate to one another empirically. Our main analysis uses income tax data from Australia to produce a comprehensive set of empirical estimates for each of 19 different mobility measures at both the national and regional level. We supplement this analysis with other data that uses either within or between country variation in mobility measures. A key finding is that there is a clear distinction between relative and absolute measures both conceptually and empirically. A region may be high with respect to absolute mobility but could be low with respect to relative mobility. However, within broad categories, the different mobility measures tend to be highly correlated. For rank-based estimators, we highlight the importance of how the choice of the distribution used for calculating ranks can play a critical role in determining its properties as well as affect empirical findings. These patterns of results are important for policy makers whose local economy might fare well according to some mobility indicators but not others.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/244258
    Schriftenreihe: [Working paper] / Federal Reserve Bank of Chicago ; WP 2021, 09 (June, 2021)
    Schlagworte: intergenerational mobility; income inequality; Job, Occupational and Intergenerational Mobility; Personal Income, Wealth, and Their Distributions; Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    Umfang: 1 Online-Ressource (circa 86 Seiten), Illustrationen
  4. Children and the gender earnings gap
    evidence for Australia
    Autor*in: Bahar, Elif; Bradshaw, Natasha; Deutscher, Nathan; Montaigne, Maxine
    Erschienen: March 2023
    Verlag:  The Treasury, Canberra

    This paper uses an event study approach to estimate the impact of children on the gender earnings gap in Australia. We use the Household, Income and Labour Dynamics in Australia (HILDA) survey to show the arrival of children has a large and... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 679
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    keine Fernleihe

     

    This paper uses an event study approach to estimate the impact of children on the gender earnings gap in Australia. We use the Household, Income and Labour Dynamics in Australia (HILDA) survey to show the arrival of children has a large and persistent impact on the gender earnings gap, reducing female earnings by 55 per cent, on average, in the 5 years following parenthood. We further show, using personal income tax data collected by the Australian Tax Office (ATO), that this gap improves only slightly but remains high in the 10 years following the arrival of children. We attribute the gap in earnings to lower participation rates and reduced working hours amongst mothers. Although the decline in earnings for women is very similar regardless of their breadwinner status in the household pre-children, women with greater access to workplace flexibility are more likely to remain employed after having children.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9781925832686
    Weitere Identifier:
    hdl: 10419/280822
    Schriftenreihe: Treasury working paper / Australian Government, The Treasury ; 2023, 02
    Schlagworte: children; gender earnings gap; labour supply; wage differential; norms; discrimination; workplace policies
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  5. The career effects of labour market conditions at entry
    Autor*in: Andrews, Dan; Deutscher, Nathan; Hambur, Jonathan; Hansell, David
    Erschienen: June 2020
    Verlag:  The Treasury, Canberra

    This paper explores the effects of labour market conditions at graduation on an individual's work‑life over the following decade. Australians graduating into a state and year with a 5 percentage point higher youth unemployment rate can expect to earn... mehr

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    DS 679
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    keine Fernleihe

     

    This paper explores the effects of labour market conditions at graduation on an individual's work‑life over the following decade. Australians graduating into a state and year with a 5 percentage point higher youth unemployment rate can expect to earn roughly 8 per cent less in their first year of work and 3½ per cent less after five years, with the effect gradually fading to around zero ten years on. The magnitude of this effect varies according to the characteristics of the individual and the tertiary institution they attend. We then explore the mechanisms behind this scarring. Scarring partly reflects the subsequent evolution of the unemployment rate - the fact that unemployment shocks tend to persist - highlighting the potential for timely and effective macroeconomic stabilisation policies to ameliorate these scarring effects. More generally, job switching to more productive firms emerges as a key channel through which workers recover from adverse shocks that initially disrupt (worker‑firm) match quality. We find some evidence that the speed of recovery has slowed since 2000, which is consistent with the decline in labour market dynamism observed in Australia over that period.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
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    Weitere Identifier:
    hdl: 10419/251329
    Schriftenreihe: Treasury working paper / Australian Government, The Treasury ; 2020, 01
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  6. Hundreds and thousands
    bunching at positive, salient tax balances and the cost of reducing tax liabilities
    Autor*in: Breunig, Robert; Deutscher, Nathan; Hamilton, Steven
    Erschienen: [2022]
    Verlag:  Australian National University, Canberra

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    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VSP 1802
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    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: TTPI - working papers ; 2022, 12 (September 2022)
    Schlagworte: Bunching; tax refunds; taxpayer behavior; tax agent
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  7. The employment effects of JobKeeper receipt
    Autor*in: Bradshaw, Natasha; Deutscher, Nathan; Vass, Lachlan
    Erschienen: December 2023
    Verlag:  The Treasury, Canberra

    We estimate the employment effects of the first 6 months of the JobKeeper program over the following year, which includes the height of the COVID-19 recession in Australia and subsequent rapid recovery. The design of the program allows us to use a... mehr

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    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 679
    Fernleihe:
    keine Fernleihe

     

    We estimate the employment effects of the first 6 months of the JobKeeper program over the following year, which includes the height of the COVID-19 recession in Australia and subsequent rapid recovery. The design of the program allows us to use a fuzzy regression discontinuity design - comparing workers just either side of start date thresholds for eligibility - to credibly identify the effects of the program on employment. At the height of the recession, JobKeeper lifted the probability of employment for casual workers by around 40 percentage points, an effect that fell away to zero as health restrictions were lifted and aggregate employment rebounded. Smaller but more enduring effects are found for newly recruited permanent workers, suggesting the program may have played a more important role in ameliorating labour market scarring for these workers in the medium term. Finally, we rule out large within-firm 'spillover' effects that may have supported or suppressed the employment of ineligible workers, as firm-level estimates of the effect of JobKeeper on employment closely mirror individual-level estimates. Our findings suggest that at its height in early 2020 JobKeeper directly preserved between 300,000 to 700,000 jobs.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9781925832846
    Weitere Identifier:
    hdl: 10419/299322
    Schriftenreihe: Treasury working paper / Australian Government, The Treasury ; 2023, 04
    Schlagworte: JobKeeper; wage subsidy; job retention scheme; COVID-19
    Umfang: 1 Online-Ressource (circa 41 Seiten), Illustrationen